Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210 per cent growth in Profit Before ...

The Nigerian government is poised to receive about $635 million from the World Bank to bring Nigeria's total loan from the bank under Tinubu to $9.25 billion.

The NDIC has announced April 2025 as commencement date for the payment of liquidation dividends to uninsured depositors of ...

ShareSix listed deposit money banks (DMBs) spent a total of N809.83 billion as personnel expenses last year, according to the lenders’ audited financial statements for the year ended December 31, 2024 ...

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the NDIC ...

The NDIC has intensified efforts to ensure timely payments to Heritage Bank depositors whose balances exceed the N5 million ...

Like a vulture, the banking industry continues to feast on a bleeding economy, with the latest financials of the lenders diverging significantly from the performance of the real sector.

Gambo further disclosed that other claimants of the failed Heritage Bank, including creditors, and shareholders, will be considered for payment of liquidation dividends only after all depositors have ...

Some of Nigeria’s largest banks, including Zenith Bank, Guaranty Trust Holding Company, United Bank for Africa, Stanbic IBTC, and Fidelity Bank, reported record-breaking profits in their 2024 ...

The Nigeria Deposit Insurance Corporation has announced that the first tranche of liquidation dividends for uninsured ...

The disclosure was made in a press statement released by the Acting Head of Communication & Public Affairs, NDIC, Hawwau ...